Who cares about layoffs, worsening working conditions and nonexistent morale when we now own AwesomenessTV!!! Because that was the one priority we should have been focusing on and spending money on out of all of these other completely irrelevant things. Yup.
/end rant
And today, this:
https://www.bizjournals.com/losangeles/news/2018/08/17/viacom-lays-off-10-at-awesomenesstv.html
Viacom being a buyer rather than a seller is good. Hopefully this purchase brings in more revenue and a better product.
Companies invest in longterm IP properties. They don't heavily invest in people. People come and go. IP is forever unless they dump it down the road.